APAC IPOs & Placements, Aequitas Research

Ethan Aw

At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

APAC IPOs & Placements

Chongqing Hongjiu Fruit Lockup Expiry - Price Has Come Back Down to Earth but Expect More Selling

Chongqing Hongjiu Fruit IPO - Not Fully Convinced but Appears Cheap on the Low End

Chongqing Hongjiu Fruit Pre-IPO - PHIP Updates

Chongqing Hongjiu Fruit IPO - Peer Comparison & Valuations - Growth & Margins Stand Out Among Peers

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

Chongqing Hongjiu Fruit   / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/chongqing-hongjiu-fruit" target="_blank" data-smartkarma-citation="entities:36023:1" rel="noopener">Chongqing Hongjiu Fruit (6689 HK)</a> raised around US$71m in its Hong Kong IPO.</li>
<li>CHJF’s subscription rates were lackluster with weak coverage on the institutional tranche and the retail portion being undersubscribed.</li>
<li>However, after applying a discount to the local peer average, we think there still remains some upside for investors given its higher revenue and profitability growth.</li>
</ul>



Chongqing Hongjiu Fruit (6689 HK) raised around US$71m in its Hong Kong IPO.
CHJF’s subscription rates were lackluster with weak coverage on the institutional tranche and the retail portion being undersubscribed.
However, after applying a discount to the local peer average, we think there still remains some upside for investors given its higher revenue and profitability growth.


Chongqing Hongjiu Fruit IPO Trading - Scraped Through with Tepid Subscription Rates